The US stock market opened higher on Wednesday. (Image: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The main Wall Street indices were trading higher in trade on Wednesday, as optimism around artificial intelligence grew on expectations that Nvidia Corp. could secure progress in China boosted sentiment ahead of an anticipated interest-rate cut by the US Federal Reserve.

The Dow Jones Industrial Average was trading 0.44% up, S&P 500 rose 0.25%, and Nasdaq Composite was up 0.59%.

Driven by surging enthusiasm around artificial intelligence, Nvidia Corp. become the world's first $5 trillion company. The milestone comes as President Donald Trump said he plans to discuss Nvidia's Blackwell processors with China's President Xi Jinping, while CEO Jensen Huang has co

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